Viasat Awarded 5-Year $325 Mln IDIQ Contract By U.S. Special Operations Command

RTTNews | 851 days ago
Viasat Awarded 5-Year $325 Mln IDIQ Contract By U.S. Special Operations Command

(RTTNews) - Communications company Viasat Inc. (VSAT) announced Thursday it was awarded an indefinite delivery, indefinite quantity (IDIQ) contract award worth up to $325 million over a five-year period to support the U.S. Special Operations Command (SOCOM). This sole-source IDIQ is an extension of a $350 million IDIQ contract awarded to Viasat in 2017.

Under the contract award, Viasat will continue to provide advanced mission equipment, services and support to sustain and improve situational awareness, integration, terrestrial networking, intelligence, surveillance and reconnaissance (ISR), tactical satellite communications, information assurance and network management capabilities of Special Operations Forces.

The IDIQ contract vehicle is intentionally flexible to allow for the evolution and adaption required to shift with rapid technology developments and the dynamic mission requirements of SOCOM forces. This structure is important to enabling new concepts of operation (CONOPS) and achieving desired mission effects through rapidly deployed technologies, systems and services.

read more
Viasat Awarded Up To $900 Mln Multi-Vendor Contract By US Air Force

Viasat Awarded Up To $900 Mln Multi-Vendor Contract By US Air Force

Satellite communications provider Viasat, Inc. (VSAT) announced Thursday it will work with the U.S. Air Force's Life Cycle Management Center (USAF LCMC) to transition and integrate new innovative technologies and capabilities as part of a $900 million ceiling, Indefinite Delivery/Indefinite Quantity (IDIQ) contract.
RTTNews | 487 days ago
Viasat To Sell Link 16 Tactical Data Links Business To L3Harris For $1.96 Bln

Viasat To Sell Link 16 Tactical Data Links Business To L3Harris For $1.96 Bln

Viasat Inc. (VSAT), a global leader in satellite communications, announced Monday it has entered into a definitive agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies, Inc. (LHX) for $1.96 billion, subject to customary transaction adjustments in accordance with the agreement.
RTTNews | 938 days ago
U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Monday, as investors focused on upcoming earnings announcements and some crucial U.S. economic data.
RTTNews | 4h 28min ago
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

After a flat start and a subsequent sluggish spell the Switzerland market moved higher on Monday with stocks gradually gaining in strength as the day progressed.
RTTNews | 5h 55min ago
European Stocks Close Broadly Higher Ahead Of Earnings Announcements

European Stocks Close Broadly Higher Ahead Of Earnings Announcements

European stocks closed higher on Monday, and the U.K. market recorded its longest winning streak in over five years, moving up for the eleventh consecutive session, as investors focused on upcoming earnings announcements and some crucial European and U.S. economic data. Hopes of a de-escalation in U.S.-China trade friction too contribute to the positive mood in the market.
RTTNews | 6h 7min ago
Domino's Pizza Q1 Earnings Beat, Revenues Miss, U.S. Same Store Sales Down; Stock Drops

Domino's Pizza Q1 Earnings Beat, Revenues Miss, U.S. Same Store Sales Down; Stock Drops

Domino's Pizza Inc. announced Monday higher earnings in its first quarter, above market estimates, amid revenue growth. Meanwhile, the largest pizza company in the world recorded weak income from operations and U.S. same store sales, and its top line missed the Street view. In pre-market activity on the Nasdaq, Domino's Pizza shares were losing around 2.6 percent.
RTTNews | 10h 41min ago
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

The Canadian market is likely to open on a mixed note on Monday with investors mostly making cautious moves, as the nation goes to the polls today.
RTTNews | 10h 49min ago